European markets were positive this morning after Friday's strong performance and as the world waits for Janet Yellen's testimony to Congress later this week. London was hit by calls for an investigation of consumer gas prices, but in Paris talk of Nestle selling a big stake in cosmetics giant L'Oreal kept the trading pretty. China extends subsidies for electric cars.
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How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.